Optionable Earnings Reports The most volatile of earnings weeks is upon us, with today specifically having what I’d argue to be the most impact. I peruse earnings calendars each week to look for opportunities in the options market. To find opportunities, I specifically look at Earnings Whispers combined with my custom tools in ThinkorSwim. With … Read more
Hey traders! This week, I did a special session on Youtube live, called ‘So, You Want to be a Trader?’ During this session, I covered the following: My 7-Step Plan to go from Zero to Trading The top technical pattern I use in all of my trading – The Squeeze Pro My favorite directional vs. … Read more
Earnings in Focus This week is all about earnings! Check out my watchlist for top tickers to watch. This quarter, earnings are not expected to be good. We are looking at a potential earnings recession this quarter, where we may see two quarters in a row of slowing EPS growth. This is absolutely true. But, … Read more
Bank Earnings Effect Each earnings season begins with the banks reporting first. This quarter, bank earnings are kicking off tomorrow, with the following companies reporting: JPMorgan Chase & Co (JPM) Wells Fargo & Co (WFC) Citigroup (C) BlackRock, Inc (BLK) PNC Financial Services Group (PNC) Banks can set the tone for the season. This is … Read more
A Fading Nasdaq Rally Last week was a short and quiet holiday week. This could be the reason for the softness in the Nasdaq, but there are a variety of other factors as well, including: The lack of a short squeeze when the put/call was extremely high due to shorts holding out Additional shorts coming … Read more
Why Trade Options? Why trade options? One of my favorite reasons is the leverage it provides and can be used speculatively, but traders can also learn to use options for creating income or hedging. The primary reason why I got into trading options was that it was an avenue that allowed me to get into … Read more
The Jump in Crude Crude oil prices have been trending lower since last June. Yes, there have been spikes along the way, but all in the overall direction of the trend, which is down. However, over the weekend, OPEC announced some surprise cuts, causing the price of crude to gap along with the SPDR Energy … Read more
TNX Falls off of a Cliff The market has been awash with fear over the bank crisis, and rightly so. Insolvent banks should concern people. But, the irony of the situation is that it caused the 10-year treasury note to tank, opening up the door for previously weak tech stocks to rally. Check out a … Read more
Hey traders! It’s been a volatile past few weeks, and so much has changed. There is a lot to say about the bank crisis, but one of the craziest parts about it is the way that it’s caused the 10-year to tank, the real estate market to pick up, and tech stocks to … Read more
Since Danielle is out this week for spring break, Allison Ostrander, Director of Risk Tolerance, will cover how she’s used her Divergent Bar indicator for short-term earnings trades. This tool has allowed Allison to take low-risk trades prior to an earnings announcement with a good probability of following through with a higher high. She’ll also … Read more